With the flexibility to work remotely, it makes sense that digital nomadism is an increasingly enticing lifestyle, with an estimated 1 billion digital nomads expected to roam the globe by 2035. This is a trend that is changing the travel industry, compelling a shift in focus, and is one that cannot be overlooked.

DIGITAL NOMADISM: THE DRIVING FORCES

The growth of the digital nomad lifestyle is fuelled by increased labour flexibility, improved salary prospects, and the ability to work from any location. Digital nomads strive to establish a balanced lifestyle in which work is both motivating and satisfying. They pursue a self-reliant way of life that combines adventure and independence. For them, travelling is not a holiday, but a way of life.

THE PROFILE OF A DIGITAL NOMAD

Currently, 4.8 million independent professionals identify as digital nomads, opting for a location-independent and technology-driven lifestyle. The majority are young males, but one-third are female. Creative professionals, IT specialists, and marketing executives dominate this group. They report high levels of job satisfaction (90%) and income satisfaction (76%) and are dedicated to ongoing learning.

HOW THE TRAVEL INDUSTRY IS ADJUSTING TO THE TREND

The travel industry is pivoting to meet their new needs as the digital nomad lifestyle becomes more popular. For many countries, tourism is vital to the success of their economy, and digital nomads boost the economy as they generally operate similarly to locals. As a result, countries are now introducing Digital Nomad Work Visas, allowing digital nomads to work remotely.

A key requirement for digital nomads is access to reliable internet and an affordable cost of living. Hotels, especially, are adapting their offering and are drawing digital nomads by providing free high-speed internet and coworking spaces. For example, the Marriott Bonvoy has already introduced a Work Anywhere program that spans more than 2,000 participating hotels with working spaces and business facilities.

HOW OUR ADVISORS HELP DIGITAL NOMADS

Our travel advisors help digital nomads with recommendations on mobile Wi-Fi devices, local sim cards, travel credit cards, lounge access and travel hacks that could save them time and money.

They also help them find the right accommodation by considering issues like fast internet connection, what type of work environment they prefer, e.g. coworking offices and if they care about being surrounded by other remote professionals or want to rather be immersed in the local community.

TOP WORK DESTINATIONS FOR DIGITAL NOMADS

If you are considering a change of scenery, here is a list of the top eight remote work destinations in 2023. Two of the best places to thrive are in Europe and cost under $3,200 a month, making them affordable options for these road warriors.

Lisbon, Portugal
Melbourne, Australia
Chiang Mai, Thailand
Canggu, Bali, Indonesia
Ubud, Bali, Indonesia
Ho Chi Minh City, Vietnam
Cape Town, South Africa
Budapest, Hungary